The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below. A M 0.25 0.35 M = A M [ 0.4 0.76 (A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing. The agriculture sector needs to output $ (Type integers or decimals.) million and the manufacturing sector needs to output $[ million.
The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below. A M 0.25 0.35 M = A M [ 0.4 0.76 (A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing. The agriculture sector needs to output $ (Type integers or decimals.) million and the manufacturing sector needs to output $[ million.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
![The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below.
A
M
0.25
0.4
0.76 0.35
A
M=
M
(A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing.
The agriculture sector needs to output $ million and the manufacturing sector needs to output $ million.
(Type integers or decimals.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc9526a6-5608-4301-a9f8-28b5693cacc9%2F9f8618d0-411b-42c9-81b8-8f763c8b4279%2Fp1pxzo_processed.png&w=3840&q=75)
Transcribed Image Text:The technology matrix M for an economy based on agriculture (A) and manufacturing (M) is as follows. Complete parts (A) and (B) below.
A
M
0.25
0.4
0.76 0.35
A
M=
M
(A) Find the output for each sector that is needed to satisfy a final demand of $40 million for agriculture and $50 million for manufacturing.
The agriculture sector needs to output $ million and the manufacturing sector needs to output $ million.
(Type integers or decimals.)
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 3 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Advanced Engineering Mathematics](https://www.bartleby.com/isbn_cover_images/9780470458365/9780470458365_smallCoverImage.gif)
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
![Numerical Methods for Engineers](https://www.bartleby.com/isbn_cover_images/9780073397924/9780073397924_smallCoverImage.gif)
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
![Introductory Mathematics for Engineering Applicat…](https://www.bartleby.com/isbn_cover_images/9781118141809/9781118141809_smallCoverImage.gif)
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
![Advanced Engineering Mathematics](https://www.bartleby.com/isbn_cover_images/9780470458365/9780470458365_smallCoverImage.gif)
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
![Numerical Methods for Engineers](https://www.bartleby.com/isbn_cover_images/9780073397924/9780073397924_smallCoverImage.gif)
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
![Introductory Mathematics for Engineering Applicat…](https://www.bartleby.com/isbn_cover_images/9781118141809/9781118141809_smallCoverImage.gif)
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
![Mathematics For Machine Technology](https://www.bartleby.com/isbn_cover_images/9781337798310/9781337798310_smallCoverImage.jpg)
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
![Basic Technical Mathematics](https://www.bartleby.com/isbn_cover_images/9780134437705/9780134437705_smallCoverImage.gif)
![Topology](https://www.bartleby.com/isbn_cover_images/9780134689517/9780134689517_smallCoverImage.gif)